Quarterly ResultAug 5, 2026, 04:34 PM
Redwire Q2 Revenue $117.1M, Gross Margin 27.8%, Record Backlog $542.1M
AI Summary
Redwire Corporation announced its second quarter 2026 financial results, reporting record revenue of $117.1 million, an 89.6% increase year-over-year. The company also achieved record gross margins of 27.8% and a record contracted backlog of $542.1 million. While net loss improved significantly by $56.0 million to $(41.0) million, and Adjusted EBITDA improved to $(3.2) million, the company still reported losses. Redwire reaffirmed its full-year 2026 revenue forecast of $450 million to $500 million.
Key Highlights
- Q2 2026 revenue increased 89.6% year-over-year to $117.1 million.
- Gross margins improved to 27.8% in Q2 2026 from (30.9)% in Q2 2025.
- Net loss improved by $56.0 million year-over-year to $(41.0) million.
- Adjusted EBITDA improved to $(3.2) million from $(27.4) million year-over-year.
- Achieved record contracted backlog of $542.1 million as of June 30, 2026.
- Total liquidity increased 366.9% to $607.8 million by end of Q2 2026.
- Reaffirmed 2026 revenue forecast of $450 million to $500 million.
- Defense Tech segment revenue grew significantly to $61.88 million in Q2 2026.
Price Impact
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